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Meta, Zoom, Rockwell Automation and More on CNBC’s “Final Trades” – Meta Platforms (NASDAQ:META), Rockwell Automation (NYSE:ROK)

Meta, Zoom, Rockwell Automation and More on CNBC’s “Final Trades” – Meta Platforms (NASDAQ:META), Rockwell Automation (NYSE:ROK)

On CNBC’s Halftime Report Final Trades Rob Sechan of NewEdge Wealth said Meta Platforms, Inc. META continues its short-term momentum.

Meta CEO Mark Zuckerberg The company sold about $88 million worth of company stock last week, according to filings with the U.S. Securities and Exchange Commission on Wednesday.

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Stephanie Link of Hightower was selected Rockwell Automation, Inc. ROK as her last job.

On Monday, Keybanc analyst Ken Newman upgraded Rockwell Automation to Overweight from Sector Weight and maintained a $345 price target. Citigroup analyst Andrew Kaplowitz maintained a Buy rating on the stock and increased his price target to $345 from $313.

Shannon Saccocia named by NB Private Wealth The Utilities Select Sector SPDR Fund XLU as her last job.

Joseph M. Terranova of the selected Virtus Investment Partners Zoom Communications Inc. ZM.

On November 25, Zoom reported third-quarter revenue of $1.18 billion, beating the consensus estimate of $1.16 billion. The communications company reported third-quarter adjusted earnings of $1.38 per share, beating analysts’ estimates of $1.31 per share.

Zoom expects fiscal fourth-quarter revenue to be between $1.175 billion and $1.18 billion, compared to estimates of $1.17 billion. The company expects fourth-quarter adjusted earnings of $1.29 to $1.30 per share, versus estimates of $1.28 per share.

Price promotion:

  • Shares of Rockwell Automation gained 1.3% to close at $297.38 on Wednesday.
  • Meta shares gained 2.2% during Wednesday’s session to close at $632.68.
  • The Utilities Select Sector SPDR Fund fell 0.6% during Wednesday’s session.
  • Zoom shares rose 3.3% to close at $86.59.

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